How much can I bargain down the cost of a used car?

You are trying to buy a car in the worst way – never talk $/month payment or what your trade in is worth.

  1. Decide what make and model you want.
  2. Research the Internet to find what they are selling for (cars.com, autotrader, craigslist, nada, kbb, etc.)
  3. Drive as many as you can and find the best one. A one-owner used car with all the service records is worth more than a car on the buy here pay here lot bought at auction. Want a used Hummer – take $10k off book value. Want a barely used Prius, pay $5k over.
  4. Negotiate the best price
  5. Sell your car on craigslist.

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